Oppenheimer Reiterates Outperform on NVIDIA, Maintains $1100 Price Target
Portfolio Pulse from Benzinga Newsdesk
Oppenheimer analyst Rick Schafer has reiterated an Outperform rating on NVIDIA (NASDAQ:NVDA) and maintained a price target of $1100.
May 17, 2024 | 12:16 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Oppenheimer analyst Rick Schafer has reiterated an Outperform rating on NVIDIA and maintained a price target of $1100, indicating strong confidence in the company's future performance.
The reiteration of an Outperform rating and a high price target of $1100 by a reputable analyst suggests strong confidence in NVIDIA's future performance. This is likely to positively impact the stock price in the short term as investors may view this as a bullish signal.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100